At $33,740, it has a cheaper sticker price – more than $3000 cheaper than the other cars on the podium.The Toyota 86 GT also has a better depreciation rate than the others.Other than the initial outlay and trade-in value, it’s a pretty tight race. With a purchase price of $23,790, you’ll fork out more for the Cerato compared to Holden Astra at $22,490 and the Mitsubishi Lancer at $21,000. It has the best depreciation rate, meaning it’ll still be worth a reasonable amount in a few years’ time.Although slightly more expensive to buy than the second cheapest SUV, the Toyota Fortuner GX, the winner of this category is the Isuzu MU-X turbo diesel variant, with a sticker price of $44,990.Despite having the worst depreciation rate of the bunch, the Isuzu has lower servicing costs than the other cars in this category and achieves the cheapest weekly running cost with an average of $229.31.Compare this to the Toyota Fortuner’s weekly running cost of $231.63 per week and that of the Mitsubishi Pajero Sport GLX ($232.91 per week), and you can see why the Isuzu takes the lead.The Hyundai Ioniq is a clear winner this year, having knocked out the 2018 winner, the Mitsubishi Outlander, from its perch.At $44,990, the Ioniq is $4500 cheaper to buy than the second placegetter, the Renault Zoe Intens.The Ioniq also has a better-than-average depreciation rate of $96.90 per week, meaning you’ll end up with more in your pocket when it comes time to sell.The Mazda MX-5 Roadster may have been the cheapest-to-run sports car last year, but the Toyota 86 GT surges ahead this time around.A few factors push the Toyota ahead of the pack. That means you’ll be in a good position if you ever need to sell.The Triton has also come out on top in the fuel efficiency stakes, chugging 10.88 cents per kilometre compared to the Rangers’ 11.31 cents per kilometre.Numbers were on the Mitsubishi Triton’s side again in the 4WD ute category. Korean car manufacturer Kia has come up with the cheapest cars to run in Australia, according to two surveys released on Monday.And surprisingly, both surveys found the most expensive car to run was an This was despite the average running costs for electric vehicles overall was lower than expected – about $240 a week – roughly the same as the cost of running a regular people-mover.But Teslas came out considerably dearer due to their high purchase cost – the Model X 100D SUV will set you back about $146,000, and the Model S $141,400, for example.Both surveys determine the running costs of vehicles based on expenses such as purchase price, depreciation, on-road costs, loan repayments, registration, insurance and auto-club membership, as well as fuel, tyre costs, servicing and repairs over a five-year period.Depreciation makes up the bulk of those costs, with the RACV estimating it to comprise 40 per cent of a vehicle’s running costs over five years.RAA senior manager for future mobility Mark Borlace said rising fuel prices were a major factor in the increased cost of running a car, which the RAA found to have jumped from $218.58 last year to $228.79 this year (4.7 per cent).“Last year’s survey was based on an average annual cost of 131c per litre for unleaded petrol, compared with 139.7c per litre in this year’s survey,’’ Mr Borlace said.“While pump prices fluctuate during the short-term price cycle, unfortunately for motorists, the long-term trend in fuel costs has been upwards.’’The RACV’s calculations found costs had risen just 1 per cent over the year, from $220.87 to $223.14, but fuel had outpaced that growth, costing an average of $126.26 a year extra.RAA’s survey of the new car market reveals the various running costs of more than 140 models across 14 categories, while the RACV surveys 141 models in 14 categories.Among the increasingly popular SUV categories, the Hyundai Kona Active ($156.75), Toyota RAV4 GXL ($187.62) and Subaru Outback 2.5i ($207.39) topped the RAA’s lists of small, medium and large categories.“The cost of owning a car doesn’t end after the purchase price, with many people neglecting the impact depreciation, on-road costs and loan repayments have on the hip pocket,” said the RACV’s manager of vehicle engineering Michael Case.“That’s why we have developed a tool for drivers to see what Victoria’s most popular cars will cost them per week to run and operate.”Copyright © 2020 The New Daily.
In fact, you can expect to fork out almost $8000 more for the Holden Colorado, which took out second.The affordable sticker price isn’t all that sets the Triton turbo diesel apart. Before you buy a new car, it is a great idea to take a look at the ongoing costs – so you know what effect the car will have on your budget into the future. In fact, the Kona is just a little more than $100 cheaper to run per year than the Honda.What’s more, you’ll burn fuel faster in the Kona (10.06 cents per kilometre). According to the 2018 survey, the cheapest car to own and operate in Queensland is the Mitsubishi Mirage ES 1.2L, costing just under $6000 per year. When it comes to buying a new car there are many factors to consider, some driven by emotion and others by numbers and specifications. Please try again.
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